61 E Congress Street, Tucson, AZ 85701 (MLS# 22200209)

61 E Congress Street, Tucson, AZ 85701

$1,600,000

Property Type: Commercial Square Footage: 5,749 Lot Size (sq. ft.): 550 Status: Closed

Current Price: $1,600,000 List Date: 1/04/2022 Last Modified: 12/16/2024

Overview

Description

Nightclub

Listing Details MLS# 22200209

Address Information

Street #: 61
Direction: E
Street Name: Congress
Suffix: Street
State/Province: AZ
Zip Code: 85701
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 117-12-0220
Area: Central
Tax Year: 2021
Taxes: 8729.23
Assessments: 0
Taxes For: Building & Land
Legal Description: TUCSON E22.68' LOT 15 BLK 195
Municipality/Zoning: Tucson - OCR2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No

General Property Information

Property Sub-Type: Other
Construction Status: Existing
# Units: Yes
Multi-Tenant: No
Year Built: 1932
Lot Dimensions: irregular
Lot Acres: 0.07
Lot Sqft: 2909
Lot Size Source: Assessor
Combined SqFt: 5749
Source of SqFt: Assessor
List Price/SqFt: 278.31
Lot Size Price/SqFt: 550.02
Total Parking: 0

Property Features

Property Features: Conference Room; Smoke Detector Construction: Burnt Adobe Main Cooling: Central Air Main Heating: Heat Pump Water Heater: Electric Gas: Natural Sewer: Connected Water: Public Security: Alarm Installed; Closed Circuit Camera(s); Security Lights; Shutters Fence: None Landscape - Front: None Landscape - Rear: None Road Type: Paved Parking: Public Parking Lot Features: North/South Exposure Business Location: Commercial Strip Traffic Count: Over 200,000 Terms: Cash; Submit Possession: Immediate Submit With Offer: Loan Pre-Qualifiaction Property Disclosures: Equipment List; Lead Based Paint Special Conditions: None Restrictions: Deed

Contract Information

Method of Title: Fee (Simple)
Short Sale: No

Status Change Info

Off Market Date: 2022-01-04
Pending Date: 2021-12-06
Sold Date: 2021-08-16
Sold Price/SqFt: 278.31
Lot Sz Sold Prc/SqFt: 550.02
Financing: Conventional

More Information

Showing Information

Directions: West on Congress right to property

Income

Gross Scheduled Rent: 12000

Analysis

Cap Rate %: 6
Vacancy Rate %: 5

Property Features

A.D.A. Compliant: No
Phase 1 Report: Yes
Conference Room: Yes
Smoke Detector: Yes

Space Information

Ceiling Height: 16ft

Electric

Electric Company: TEP

Sold Info

Selling Comments: 0.0
Seller Concessions: 0
Seller Paid Repairs: 0

Gas

Natural: Yes

Construction

Burnt Adobe: Yes

Expenses

Admin Expenses: 0
Contract Services: 0
Gas/Electric: 0
Maintenance Supplies: 0
Resident Manager: 0
Water/Sewer: 0

Sewer

Connected: Yes

Water

Public: Yes

Fence

None: Yes

Road Type

Paved: Yes

Lot Features

North/South Exposure: Yes

Main Cooling

Central Air: Yes

Main Heating

Heat Pump: Yes

Water Heater

Electric: Yes

Terms

Cash: Yes
Submit: Yes

Submit With Offer

Loan Pre-Qualifiaction: Yes

Security

Alarm Installed: Yes
Closed Circuit Camera(s): Yes
Security Lights: Yes
Shutters: Yes

Landscape - Front

None: Yes

Landscape - Rear

None: Yes

Parking

Public Parking: Yes

Business Location

Commercial Strip: Yes

Freeway/Highway

1.1 - 2 Miles: Yes

Traffic Count

Over 200,000: Yes

Possession

Immediate: Yes

Restrictions

Deed: Yes

Property Disclosures

Equipment List: Yes
Lead Based Paint: Yes

Special Conditions

None: Yes

Listing Office: Non-Member Office

Last Updated: December - 16 - 2024

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